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Desktop /Portals/0/PackFlashItemImages/WebReady/industry-rd-in-a-depression.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Booms-Busts Strangle Funding Industry R&D in a Depression
 
Deep water and subsalt plays are the two hottest exploration frontiers in the Gulf of Mexico and searching for structures below the salt in waters thousands of feet deep is the most exciting play with the greatest potential for reward vs. the risk.
American Association of Petroleum Geologists (AAPG)
Desktop /Portals/0/PackFlashItemImages/WebReady/the-promise-of-the-best-of-both-worlds-fig1.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true GOM Deep Water + Subsalt Plays The Promise of the Best of Both Worlds
 
After years of "wheeling and dealing" international oil companies are finally beginning to sink exploratory wells in the Caspian Sea. Could the "exploratory well of 1999" meet that prediction? The next two years should prove it.
American Association of Petroleum Geologists (AAPG)
Desktop /Portals/0/PackFlashItemImages/WebReady/caspian-ready-to-face-major-tests.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Will Rewards Be Commensurate With Risks? Caspian Ready to Face Major Tests
 
Excitement grows as international companies jockey for position in the world's hottest play -- West Africa's deep water field.
American Association of Petroleum Geologists (AAPG)
Desktop /Portals/0/PackFlashItemImages/WebReady/explorer-cover-2000-01jan.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Elephants Found in Deep Waters West Africa's Dreams Come True
 
Deep water play in the Gulf of Mexico keeps getting deeper and hotter. A look at some discoveries in 5-6,000 feet of water shows how they may propel the industry into the Gulf.
American Association of Petroleum Geologists (AAPG)
Desktop /Portals/0/PackFlashItemImages/WebReady/new-deep-fields-show-gulf-trends.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Crazy Horses and Mad Dogs New Deep Fields Show Gulf Trends
 
Exploration in the deep water Gulf of Mexico may be even better than the success of drilling on the Gulf shelf. The deep offshore Gulf has more remaining, recoverable resources than the shoreward provinces. Recent discoveries seem sure to increase resource projections for the Gulf.
American Association of Petroleum Geologists (AAPG)
Desktop /Portals/0/PackFlashItemImages/WebReady/explorer-cover-1999-09sep.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Reserves in Gulf Could Surpass Shelf Industry Lured into Deep Waters
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